What does it mean to have redenominated an asset in terms, Ask an Expert

Economics

What does it mean to have redenominated an asset in terms of the dollar?

A. You have undertaken a hedging strategy that gives the asset a constant dollar value.
B. Multiply the foreign currency value of the asset by the spot exchange rate.
C. Undertaken accounting changes to eliminate translation exposure.
D. None of the above

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M962965

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